In general, the longest lag for __________.

In general, the longest lag for __________.
A.  both fiscal and monetary policy is the time it takes for policy to affect aggregate demand
B.  monetary policy is the time it takes to change policy, while for fiscal policy the longest lag is the time it takes for policy to affect aggregate demand
C.  fiscal policy is the time it takes to change policy, while for monetary policy the longest lag is the time it takes for policy to affect aggregate demand
D.  both fiscal and monetary policy is the time it takes to change policy

 

Solution